Justin Turner Foundation

Analysis

Justin Turner Foundation is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Justin Turner Foundation reported income of $891k and spending of $405k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $891k (+119%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Justin Turner Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Maui Farm Inc ($890k), Uncle Lonny Presents Inc ($892k) and Our Valley Cares Foundation ($890k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.